By Economic Sanctions: Examining Their Philosophy and Efficacy

This is the first of three related, empirically based studies examining the broad range of issues raised by the use of economic sanctions. This volume addresses the philosophy behind economic sanctions: why they are used and what they are meant to achieve. Ashari, Forrer, Teegen, and Yang go back through history to analyze whether or not economic sanctions have ben sucessful by measuinrg their historical impact and modeling their effectiveness, and they offer an analysis of the international and domestic business implications of sanctions in today's global economy. Of particular interest to scholars, students, researchers, and the public policy community involved with international busienss and economics and international relations. Review ?offers a detailed econometric estimate of the direct and indirect costs of economic sanctions to the country imposing them--the US. This analysis will be interesting to specialists....Research and professional collections.?-Choice "offers a detailed econometric estimate of the direct and indirect costs of economic sanctions to the country imposing them--the US. This analysis will be interesting to specialists....Research and professional collections."-Choice About the Author HOSSEIN G. ASKARI is Aryamehr Professor of International Business, The George Washington University. He is the author or coauthor of 14 earlier books and monographs. JOHN FORRER is Director of the Institute for Global Management and Research, The George Washington University. He has consulted extensivley on international energy and environmental issues. HILDY TEEGEN is Associate Professor of International Business at The George Washington University. She has written extensively on international negotiations and business partnerships and Latin American economic affairs. JIAWEN YANG is Assistant Professor of International Business, The George Washington University. He is the author of numerous articles and book chapters on exchange rate pass-through, international capital flows, and the financial crises in Latin America and Asia.